CNCanada News

Business

Did Canada just join the AI boom?

In June, Canadian imports of tech equipment used to make data centres surged 88 per cent from the year before

The Globe and Mail - Business · 1d ago

South Bow says it is on track for pipeline decision by middle of 2027

Proposed project would ship oil sands crude to the Canada-U.S. border and onto U.S. destinations

The Globe and Mail - Business · 1d ago

Diageo CEO plans $1-billion in cost cuts as he confronts weak growth

Restructuring plan would change the company’s cost structure and have ‘very significant impacts’ on employees

The Globe and Mail - Business · 1d ago

Should mom stay at home if her whole salary would go to child care? That’s bad math

Subsidized child care led to mothers working and earning more for decades, research finds

The Globe and Mail - Business · 1d ago

Allied Gold CEO open to piecemeal sale after Zijin deal falls through

Peter Marrone says he would be willing to sell miner to more than one buyer

The Globe and Mail - Business · 1d ago

Consumers using savings to pay for essentials and piling up debt: Equifax

Canadians continue to face financial strain amid the heightened cost of living, according to the latest report from Equifax, which shows younger people generally struggle the most.

Global News - Money · 1d ago

WestJet flight attendants win large wage increases and compensation for preboarding work

If ratified, the terms of the union’s tentative agreement with the airline would set a new industry standard

The Globe and Mail - Business · 1d ago

Trump’s big-government, interventionist AI policy is the one thing he’s done right

Unreleased AI models have shown a disturbing inclination to hack into other systems

The Globe and Mail - Business · 1d ago

EasyJet agrees to Apollo takeover after rival Castlelake ends bid

Deal ends months of uncertainty surrounding one of Europe’s biggest low-cost airlines

The Globe and Mail - Business · 1d ago

Trump administration refunds $100-billion in struck-down tariffs

Funds represent more than half of the $166-billion collected in tariffs struck down by the U.S. Supreme Court in February

The Globe and Mail - Business · 1d ago

Suncor says Rich Kruger to step aside as CEO in 2027

Executive vice-president of upstream Peter Zebedee to succeed Kruger, who is credited with leading a turnaround at the oil sands producer

The Globe and Mail - Business · 1d ago

Alphabet seeking up to $25-billion in fresh debt to finance AI build-out

Tech giants increasingly turning to bond markets to fund AI spending

The Globe and Mail - Business · 1d ago

Guard against thoughtload, the silent tax on your performance

Toronto psychologist and executive coach Liane Davey says it’s not your workload that is overwhelming you. It’s the cognitive demands on you plus your emotional burdens, divided by energy reserves

The Globe and Mail - Business · 1d ago

Ottawa filmmaker uses AI to accelerate life-saving content

For many people in film and television, AI can feel like a threat. Chocolate Moose Media sees it differently

The Globe and Mail - Business · 1d ago

Manulife posts higher profit, strikes $3.2-billion reinsurance deal with Munich Re

Deal marks the third long-term care reinsurance transaction in less than three years

The Globe and Mail - Business · 1d ago

Restaurant Brands reports higher sales and profit, driven by Burger King’s U.S. stores

Fast-food giant’s turnaround plan for Burger King began to pay off in the quarter, while Tim Hortons’ sales growth in Canada fell flat

The Globe and Mail - Business · 1d ago

BCE reports second-quarter profit drop as FIFA World Cup viewing boosts revenue

Subscriptions for streaming platform Crave reached nearly 5.1 million, up 23% from the year before

The Globe and Mail - Business · 1d ago

AtkinsRéalis reports lower profit, revenue up 10%

Net income in the second quarter was $95.7-million, down from $2.32-billion the year before

The Globe and Mail - Business · 1d ago

Canadian Natural pauses oil sands expansions until government agreements are finalized

Early engineering work for all of the company’s projects had been slated for this year, according to a 2025 investor presentation

The Globe and Mail - Business · 1d ago

The Birkin index: Should this pricey handbag be part of your portfolio?

Birkin bags from Hermès tend to appreciate over time, but aren’t necessarily the right investment for everyone

The Globe and Mail - Business · 1d ago

Tim Hortons parent Restaurant Brands beats quarterly same-store sales estimates

Second-quarter results get boost by resilient demand at Burger King chain in the U.S.

The Globe and Mail - Business · 1d ago

Business Brief: Opposition to Trump grows in unexpected places

Also in today’s edition: Searching for signs of life in biotech investment

The Globe and Mail - Business · 1d ago

Banks look to lend to defence companies, but many lack the track record to qualify

The disconnect threatens to slow Carney’s initiative to rapidly expand Canada’s defence capabilities

The Globe and Mail - Business · 1d ago

Immigrants to Canada aren’t having kids either

If governments want population growth, they shouldn’t assume newcomers are the answer

The Globe and Mail - Business · 1d ago